Filing Details

Accession Number:
0001193125-20-147472
Form Type:
13G Filing
Publication Date:
2020-05-20 17:09:32
Filed By:
Discovery, Inc.
Company:
Fubotv Inc. (OTCMKTS:FUBO)
Filing Date:
2020-05-20
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Discovery, Inc 0 2,059,669 0 5,149,174 5,149,174 13.75%
Scripps Networks Interactive, Inc 0 2,059,669 0 5,149,174 5,149,174 13.75%
Networks Holdings, Inc 0 2,059,669 0 5,149,174 5,149,174 13.75%
Scripps Networks 0 2,059,669 0 5,149,174 5,149,174 13.75%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.    )*

 

 

 

FACEBANK GROUP, INC.

(Name of Issuer)

Common Stock, par value $0.0001

(Title of Class of Securities)

143764108

(CUSIP Number)

April 1, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


  1.   

Names of Reporting Persons

 

Discovery, Inc.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of
Shares
Beneficially Owned by
Each
Reporting
Person
With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,059,669*

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

5,149,174*

  9.   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,149,174*

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

13.75%*

12.  

Type of Reporting Person (See Instructions)

 

CO

 

 

*

Based on 32,307,285 shares of common stock of the Issuer that were outstanding following the merger of fuboTV Acquisition Corp., a wholly-owned subsidiary of the Issuer, and fuboTV Inc., as disclosed by the Issuer in the Form 8-K filed with the Securities and Exchange Commission on April 7, 2020. The amounts reported in this Schedule 13G represent 2,574,587 shares of the Issuers Series AA Convertible Preferred Stock (the Preferred Stock) owned by the Reporting Persons, which are entitled to 0.8 votes per share (2,059,669 votes) and convertible into 5,149,174 shares of common stock in connection with a bona fide transfer to a third party. The Reporting Persons 2,574,587 shares of Preferred Stock represent 5.31% of the total number of all outstanding shares of the Issuers common stock (assuming the conversion of all 32,324,362 shares of Preferred Stock outstanding) and less than 5% of the total voting power of all outstanding shares of the Issuers common stock and Preferred Stock on a combined basis as of April 7, 2020. Assuming the Reporting Persons converted all of their shares of Preferred Stock reported in this Schedule 13G into common stock in connection with a bona fide transfer to a third party and no other holders of shares of Preferred Stock elected to convert, the 5,149,174 shares of the Issuers common stock reported as being beneficially owned by the Reporting Persons in this Schedule 13G would represent approximately 13.75% of the outstanding common stock of the Issuer. The number of shares of Preferred Stock outstanding was provided to the Reporting Persons by the Issuer after giving effect to the merger.


  1.   

Names of Reporting Persons

 

Scripps Networks Interactive, Inc.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Ohio

Number of
Shares Beneficially  Owned by
Each
Reporting
Person
With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,059,669*

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

5,149,174*

  9.   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,149,174*

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

13.75%*

12.  

Type of Reporting Person (See Instructions)

 

CO

 

 

*

Based on 32,307,285 shares of common stock of the Issuer that were outstanding following the merger of fuboTV Acquisition Corp., a wholly-owned subsidiary of the Issuer, and fuboTV Inc., as disclosed by the Issuer in the Form 8-K filed with the Securities and Exchange Commission on April 7, 2020. The amounts reported in this Schedule 13G represent 2,574,587 shares of the Issuers Preferred Stock owned by the Reporting Persons, which are entitled to 0.8 votes per share (2,059,669 votes) and convertible into 5,149,174 shares of common stock in connection with a bona fide transfer to a third party. The Reporting Persons 2,574,587 shares of Preferred Stock represent 5.31% of the total number of all outstanding shares of the Issuers common stock (assuming the conversion of all 32,324,362 shares of Preferred Stock outstanding) and less than 5% of the total voting power of all outstanding shares of the Issuers common stock and Preferred Stock on a combined basis as of April 7, 2020. Assuming the Reporting Persons converted all of their shares of Preferred Stock reported in this Schedule 13G into common stock in connection with a bona fide transfer to a third party and no other holders of shares of Preferred Stock elected to convert, the 5,149,174 shares of the Issuers common stock reported as being beneficially owned by the Reporting Persons in this Schedule 13G would represent approximately 13.75% of the outstanding common stock of the Issuer. The number of shares of Preferred Stock outstanding was provided to the Reporting Persons by the Issuer after giving effect to the merger.


  1.   

Names of Reporting Persons

 

Networks Holdings, Inc.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of
Shares
Beneficially  Owned by
Each
Reporting
Person
With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,059,669*

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

5,149,174*

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,149,174*

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

13.75%*

12.  

Type of Reporting Person (See Instructions)

 

CO

 

 

*

Based on 32,307,285 shares of common stock of the Issuer that were outstanding following the merger of fuboTV Acquisition Corp., a wholly-owned subsidiary of the Issuer, and fuboTV Inc., as disclosed by the Issuer in the Form 8-K filed with the Securities and Exchange Commission on April 7, 2020. The amounts reported in this Schedule 13G represent 2,574,587 shares of the Issuers Preferred Stock owned by the Reporting Persons, which are entitled to 0.8 votes per share (2,059,669 votes) and convertible into 5,149,174 shares of common stock in connection with a bona fide transfer to a third party. The Reporting Persons 2,574,587 shares of Preferred Stock represent 5.31% of the total number of all outstanding shares of the Issuers common stock (assuming the conversion of all 32,324,362 shares of Preferred Stock outstanding) and less than 5% of the total voting power of all outstanding shares of the Issuers common stock and Preferred Stock on a combined basis as of April 7, 2020. Assuming the Reporting Persons converted all of their shares of Preferred Stock reported in this Schedule 13G into common stock in connection with a bona fide transfer to a third party and no other holders of shares of Preferred Stock elected to convert, the 5,149,174 shares of the Issuers common stock reported as being beneficially owned by the Reporting Persons in this Schedule 13G would represent approximately 13.75% of the outstanding common stock of the Issuer. The number of shares of Preferred Stock outstanding was provided to the Reporting Persons by the Issuer after giving effect to the merger.


  1.   

Names of Reporting Persons

 

Scripps Networks, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of
Shares
Beneficially  Owned by
Each
Reporting
Person
With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,059,669*

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

5,149,174*

  9.   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,149,174*

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

13.75%*

12.  

Type of Reporting Person (See Instructions)

 

CO

 

 

*

Based on 32,307,285 shares of common stock of the Issuer that were outstanding following the merger of fuboTV Acquisition Corp., a wholly-owned subsidiary of the Issuer, and fuboTV Inc., as disclosed by the Issuer in the Form 8-K filed with the Securities and Exchange Commission on April 7, 2020. The amounts reported in this Schedule 13G represent 2,574,587 shares of the Issuers Preferred Stock owned by the Reporting Persons, which are entitled to 0.8 votes per share (2,059,669 votes) and convertible into 5,149,174 shares of common stock in connection with a bona fide transfer to a third party. The Reporting Persons 2,574,587 shares of Preferred Stock represent 5.31% of the total number of all outstanding shares of the Issuers common stock (assuming the conversion of all 32,324,362 shares of Preferred Stock outstanding) and less than 5% of the total voting power of all outstanding shares of the Issuers common stock and Preferred Stock on a combined basis as of April 7, 2020. Assuming the Reporting Persons converted all of their shares of Preferred Stock reported in this Schedule 13G into common stock in connection with a bona fide transfer to a third party and no other holders of shares of Preferred Stock elected to convert, the 5,149,174 shares of the Issuers common stock reported as being beneficially owned by the Reporting Persons in this Schedule 13G would represent approximately 13.75% of the outstanding common stock of the Issuer. The number of shares of Preferred Stock outstanding was provided to the Reporting Persons by the Issuer after giving effect to the merger.


Item 1.
  

(a)

  

Name of Issuer

FaceBank Group, Inc. (the Issuer)

  

(b)

  

Address of Issuers Principal Executive Offices

1115 Broadway, 12th Floor, New York, NY, 10010

Item 2.
  

(a)

  

Name of Person Filing

Discovery, Inc.

Scripps Networks Interactive, Inc.

Networks Holdings, Inc.

Scripps Networks, LLC

      Scripps Networks LLC is the direct holder of the shares of Preferred Stock reflected in this Schedule 13G. Scripps Networks LLC is a wholly owned subsidiary of Networks Holdings, Inc., which is a wholly owned subsidiary of Scripps Networks Interactive, Inc., which is a wholly owned subsidiary of Discovery, Inc.
  

(b)

  

Address of Principal Business Office or, if none, Residence

Discovery, Inc. - 8403 Colesville Road, Silver Spring, MD 20910

Scripps Networks Interactive, Inc. - 9721 Sherrill Boulevard, Knoxville TN 37932

Networks Holdings, Inc. - 9721 Sherrill Boulevard, Knoxville TN 37932

Scripps Networks, LLC - 9721 Sherrill Boulevard, Knoxville TN 37932

  

(c)

  

Citizenship

Discovery, Inc. - Delaware

Scripps Networks Interactive, Inc. - Ohio

Networks Holdings, Inc. - Delaware

Scripps Networks, LLC - Delaware

  

(d)

  

Title of Class of Securities

Common Stock, par value $0.0001

  

(e)

  

CUSIP Number

143764108

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

  

(a)

  

  

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

  

(b)

  

  

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

  

(c)

  

  

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

  

(d)

  

  

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

  

(e)

  

  

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

  

(f)

  

  

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);


 

(g)

  

  

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

(h)

  

  

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

  

  

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

  

  

A non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J);

 

(k)

  

  

Group, in accordance with § 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with

§ 240.13d1(b)(1)(ii)(J), please specify the type of institution:

 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1.

 

                     

   (a)   

Amount beneficially owned:

5,149,174

     

 

   (b)   

Percent of class:

13.75%

     

 

   (c)   

Number of shares as to which the person has:

  

     

 

      (i)   

Sole power to vote or to direct the vote

0

        

 

      (ii)   

Shared power to vote or to direct the vote

2,059,669

        

 

      (iii)   

Sole power to dispose or to direct the disposition of

0

        

 

      (iv)   

Shared power to dispose or to direct the disposition of

5,149,174

        

 

The amounts reported in this Schedule 13G represent 2,574,587 shares of the Issuers Preferred Stock owned by the Reporting Persons, which are entitled to 0.8 votes per share (2,059,669 votes) and convertible into 5,149,174 shares of the Issuers common stock in connection with a bona fide transfer to a third party, and are based on 32,307,285 shares of the Issuers common stock that were outstanding following the merger of fuboTV Acquisition Corp., a wholly-owned subsidiary of the Issuer, and fuboTV Inc., as disclosed by the Issuer in the Form 8-K filed with the Securities and Exchange Commission on April 7, 2020. The Reporting Persons 2,574,587 shares of Preferred Stock represent 5.31% of the total number of all outstanding shares of the Issuers common stock (assuming the conversion of all 32,324,362 shares of Preferred Stock outstanding) and less than 5% of the total voting power of all outstanding shares of the Issuers common stock and Preferred Stock on a combined basis as of April 7, 2020. Assuming the Reporting Persons converted all of their shares of Preferred Stock reported in this Schedule 13G into shares of the Issuers common stock in connection with a bona fide transfer to a third party and no other holders of shares of Preferred Stock elected to convert, the 5,149,174 shares of the Issuers common stock reported as being beneficially owned by the Reporting Persons in this Schedule 13G would represent approximately 13.75% of the outstanding common stock of the Issuer. The number of shares of Preferred Stock outstanding was provided to the Reporting Persons by the Issuer after giving effect to the merger.

 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable


Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable

 

Item 8.

Identification and Classification of Members of the Group

Not applicable

 

Item 9.

Notice of Dissolution of Group

Not applicable

 

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: May 20, 2020

 

Discovery, Inc.
By:   /s/ Tara L. Smith
  Name: Tara L. Smith
 

Title: Senior Vice President, Securities & Executive Compensation and Assistant Secretary

Scripps Networks Interactive, Inc.
By:   /s/ Tara L. Smith
  Name: Tara L. Smith
  Title: Senior Vice President and Secretary
Networks Holdings, Inc.
By:   /s/ Tara L. Smith
  Name: Tara L. Smith
  Title: Senior Vice President and Secretary
Scripps Networks, LLC
By:   /s/ Tara L. Smith
  Name: Tara L. Smith
  Title: Senior Vice President and Secretary